BY Busola Aro
The Nigerian Civil Aviation Authority (NCAA) has budgeted N8 billion for local and international trips in 2024.
The amount was presented in the 2024 government-owned entities’ (GOEs) budget proposal seen by TheCable on Friday.
The GOEs’ budget comes a week after the national assembly passed the 2024 appropriation bill, increasing its size from N27.5 trillion proposed by President Bola Tinubu to N28.7 trillion.
In the national budget, the federal government earmarked N1.7 trillion for statutory transfers, N8.7 trillion for recurrent expenditure, while N9.9 trillion was allocated for capital expenditure.
The NCAA, in its proposal, said N272.87 billion will be spent on expenditure, projecting a revenue of N372.22 billion for the year.
The agency plans to spend N8,342,547,767 from the proposed expenditure on “travels and transport”.
A further budget breakdown shows that “local transport and travels for training” will gulp N3,310,009,756, while international transport will cost N4,317,070,233.
Also budgeting the sum of N715,467,778 for “local travels and others”, the NCAA plans to pay N1,935,000,000 as a contribution to international organisations.
Other major components of the expenditure include the purchase of vehicles (N3,000,000,000), purchase of furniture and office fittings (N1,352,997,000), construction of office building (N3,970,000,000), and provision of electricity (N1,205,000,000).
This website uses cookies.